New York Governor Andrew Cuomo recently proposed government funding for a study to explore the impact of legalizing recreational marijuana in the state. State Senator Gustavo Rivera (D-NY) and High NY Founder and CEO Michael Zaystev discuss the state of regulation in New York. "I am thankful that the governor put it in the budget. I am hoping it gets to the final version of the budget, and I am hoping we can actually make this happen in the state of New York sooner than later," said Rivera. "I think he's also feeling some pressure from New Jersey's recent election," said Zaystev. Earlier this month newly elected New Jersey Governor expanded access to medicinal marijuana in the state through an executive order. On whether this was political posturing, Rivera says while the government has been resistant to explore marijuana legislation in past couple years he does sense New York can get to the point where the state recognizes the opportunity to legalize recreational marijuana.

Share:
More In Business
Turning Ocean Waves Into Clean Energy
Inna Braverman, co-founder of Eco Wave Power, shares how her company’s tech works, plus the role governments should play in adopting clean energy.
Federal Reserve: Inflation Is, Uh, Still Up
An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month. (Getty Images)
Load More